A2Z Smart Technologies (AZ) financial statements
A2Z Smart Technologies reported revenue of $8M in fiscal 2025, up 33.7% a year over 6 years.
Net income was -$38M.
Free cash flow was -$24M.
The diluted share count rose 451% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from A2Z Smart Technologies's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $1M | $1M | $3M | $9M | $9M | $5M | $8M |
| Cost of revenue | $783,000 | $853,000 | $2M | $8M | $8M | $3M | $7M |
| Gross profit | $601,000 | $215,000 | $656,000 | $2M | $1M | $2M | $1M |
| Research and development | $414,000 | $418,000 | $3M | $4M | $4M | $4M | $10M |
| Selling, general and admin | $754,000 | $2M | $6M | $14M | $13M | $8M | $24M |
| Operating income | — | -$3M | -$9M | -$17M | -$18M | -$13M | -$36M |
| Interest expense | $109,000 | $107,000 | $91,000 | $1M | $256,000 | $336,000 | $1M |
| Pre-tax income | — | -$6M | -$40M | -$18M | -$18M | -$19M | -$38M |
| Income tax | -$380,000 | $17,000 | $142,000 | — | — | — | — |
| Net income | — | -$6M | -$39M | -$17M | -$16M | -$17M | -$38M |
| EPS (diluted) | — | — | -$4.20 | -$1.50 | -$1.15 | -$0.80 | -$0.96 |
| Diluted shares | — | 7M | 9M | 11M | 14M | 21M | 37M |
| Gross margin | 43.4% | 20.1% | 24.4% | 19.6% | 13.6% | 35.1% | 13.8% |
| Operating margin | — | -250.6% | -341.2% | -178.6% | -198.9% | -239.1% | -461.4% |
| Net margin | — | -557.4% | -1458.6% | -177.1% | -174.3% | -316.1% | -477.6% |
Balance sheet
Fiscal years, from A2Z Smart Technologies's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $362,000 | $5M | $8M | $3M | $2M | $14M | $14M |
| Receivables | $1M | $353,000 | $434,000 | $3M | $660,000 | $581,000 | $3M |
| Inventory | $38,000 | $19,000 | $1M | $375,000 | $250,000 | $796,000 | $4M |
| Total current assets | — | $6M | $11M | $7M | $5M | $17M | $79M |
| Property, plant and equipment | $265,000 | $456,000 | $1M | $2M | $2M | $2M | $4M |
| Goodwill | — | — | — | $1M | — | — | — |
| Total assets | — | $9M | $14M | $13M | $9M | $19M | $85M |
| Total current liabilities | — | $1M | $2M | $6M | $6M | $12M | $7M |
| Long-term debt | $356,000 | $666,000 | $483,000 | $341,000 | $228,000 | $108,000 | $29,000 |
| Total liabilities | — | $11M | $3M | $10M | $11M | $12M | $9M |
| Shareholders' equity | $1M | -$2M | $12M | $5M | $2M | $14M | $78M |
| Net debt | $194,000 | -$4M | -$8M | -$872,000 | -$873,000 | -$13M | -$13M |
Cash flow
Fiscal years, from A2Z Smart Technologies's 10-K filings with the SEC.
| Fiscal year | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | -$2M | -$1M | -$9M | -$9M | -$11M | -$12M | -$23M |
| Capital spending | — | $233,000 | $412,000 | $727,000 | $174,000 | $140,000 | $1M |
| Free cash flow | — | -$1M | -$10M | -$10M | -$12M | -$12M | -$24M |
| Stock-based compensation | — | $601,000 | $843,000 | $5M | $5M | $2M | $20M |
| Net borrowing | — | -$100,000 | -$316,000 | -$342,000 | -$476,000 | -$580,000 | -$808,000 |
| Free cash flow margin | — | -115.7% | -364.6% | -108.6% | -125.5% | -220.4% | -303.7% |
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Open AZ in InvestinglyQuestions
What was A2Z Smart Technologies's revenue in 2025?
$8M in fiscal 2025, from its 10-K filing.
How much free cash flow does A2Z Smart Technologies generate?
-$24M in fiscal 2025 (operating cash flow minus capital spending).
From A2Z Smart Technologies's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.